Tag - Liew Chin Tong

Nearly 47,000 EV, hybrid, BEV units sold in 2024, says Miti

KUALA LUMPUR: The sales of electrified vehicles (xEV), hybrid and battery electric vehicles (BEV) reached a total of 46,403 units last year, the Dewan Rakyat was told. Deputy International Trade and Industry Minister (Miti) Liew Ching Tong said this was an increase compared to 35,723 units in 2023. “The increase of xEV sales, specifically BEV, is backed...

Asian economies must create own consumer markets, can’t rely on US forever, says Liew

KUALA LUMPUR: Asian economies cannot depend on the United States as its export destination of first and last resort “forever”, but instead it will have to create its own consumer markets, especially within Asean, says Deputy Investment, Trade and Industry Minister Liew Chin Tong. “These massive changes bring home a simple message: business as usual won’t...

Malaysia urges Chinese firms to avoid using it to dodge US tariffs

KUALA LUMPUR: Malaysia has urged Chinese companies to refrain from using it as a base to "rebadge" products to avoid US tariffs, its Investment, Trade and Industry Deputy Minister Liew Chin Tong (pic) said on Monday, amid increasing export restrictions and concerns of a US-China trade war. Washington is expected to further curb exports to Chinese semiconductor toolmakers...